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Real Estate Brokers salary

Real Estate Brokers earn a median of $73,220 a year ($35.20/hr) in the U.S. – from $39,850 in Minnesota to $111,390 in New Jersey. Enter your pay below to see how you compare.

Median pay, United States
$35.20/hr · $73,220 a year
46,100 jobs nationwide. That is 44% above the median for all U.S. jobs ($50,980). Source: BLS, May 2025.

Pay range

10th percentile
90% earn more
$37,110$17.84/hr
25th percentile
75% earn more
$46,480$22.35/hr
Median (50th)
half earn more, half less
$73,220$35.20/hr
75th percentile
25% earn more
$103,360$49.69/hr
90th percentile
top 10% earn more
$143,300$68.89/hr
Average (mean)
pulled up by top earners
$83,950$40.36/hr

How does my pay compare?

Enter your pay to see where you stand among real estate brokers. Nothing you type leaves your device.

Pay by state

States ranked by median annual wage for real estate brokers. Tap a state for its minimum wage.

1. New Jersey
1,290 jobs · $53.55/hr
$111,390
2. Connecticut
jobs n/a · $50.86/hr
$105,800
3. Utah
jobs n/a · $44.63/hr
$92,830
4. Washington
jobs n/a · $39.80/hr
$82,790
5. Alabama
460 jobs · $39.73/hr
$82,630
6. Michigan
1,150 jobs · $39.67/hr
$82,510
7. Maryland
430 jobs · $39.21/hr
$81,550
8. California
8,430 jobs · $38.68/hr
$80,450
9. New Mexico
jobs n/a · $38.63/hr
$80,340
10. Colorado
3,280 jobs · $38.45/hr
$79,970
11. Virginia
1,500 jobs · $37.15/hr
$77,270
12. Vermont
80 jobs · $36.98/hr
$76,920
13. Indiana
740 jobs · $36.06/hr
$75,000
14. Hawaii
160 jobs · $35.72/hr
$74,310
15. Arizona
3,790 jobs · $35.70/hr
$74,260
16. Arkansas
120 jobs · $35.48/hr
$73,800
17. North Dakota
80 jobs · $35.24/hr
$73,300
18. Kansas
290 jobs · $33.65/hr
$69,990
19. Delaware
100 jobs · $33.02/hr
$68,690
20. Florida
3,640 jobs · $31.74/hr
$66,010
21. Alaska
100 jobs · $31.64/hr
$65,820
22. Ohio
jobs n/a · $31.02/hr
$64,510
23. Texas
2,040 jobs · $30.48/hr
$63,390
24. Montana
400 jobs · $30.40/hr
$63,240
25. Oregon
1,670 jobs · $30.32/hr
$63,070
26. Illinois
990 jobs · $30.07/hr
$62,540
27. Missouri
1,980 jobs · $29.94/hr
$62,280
28. Tennessee
540 jobs · $28.92/hr
$60,150
29. West Virginia
140 jobs · $28.35/hr
$58,960
30. Idaho
380 jobs · $27.72/hr
$57,660
31. Maine
jobs n/a · $26.58/hr
$55,280
32. North Carolina
1,560 jobs · $25.40/hr
$52,830
33. New Hampshire
120 jobs · $24.76/hr
$51,490
34. Iowa
jobs n/a · $24.11/hr
$50,140
35. Mississippi
60 jobs · $20.05/hr
$41,690
36. Minnesota
jobs n/a · $19.16/hr
$39,850

No wage estimate published for: Kentucky, Pennsylvania, South Carolina, Wisconsin.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025), SOC code 41-9021. Wages exclude the self-employed. All jobs · Minimum wage by state

Questions & answers

How much do real estate brokers make?

The median wage for real estate brokers in the U.S. was $35.20 an hour or $73,220 a year in May 2025, according to the Bureau of Labor Statistics. The middle half earned between $46,480 and $103,360 a year.

Which state pays real estate brokers the most?

New Jersey has the highest median wage for real estate brokers: $111,390 a year. The lowest published median is in Minnesota at $39,850. Living costs also differ a lot between states.

How many real estate brokers are there?

BLS estimates 46,100 real estate brokers were employed in the U.S. in May 2025, not counting the self-employed.

What is the difference between median and average pay?

The median is the middle wage: half of workers earn more and half earn less. The average (mean) adds everyone up and divides, so a few very high earners pull it up. The median is usually the better guide to typical pay.

What does the 10th or 90th percentile mean?

The 10th percentile is the wage that only 10% of workers earn less than – often entry-level pay. The 90th percentile is the wage that only 10% earn more than – usually the most experienced or highest-paid workers.